Fri Nov 18, 2016 | 4:33pm EST

Facebook sets $6 billion buyback program, accounting chief to leave

The logo of Facebook is seen at the Cannes Lions Festival in Cannes, France on June 23, 2016. REUTERS/Eric Gaillard/File Photo

Social media giant Facebook Inc (FB.O) said on Friday it would buy back up to $6 billion of its Class A shares, beginning in the first quarter of 2017.

The company also said Chief Accounting Officer Jas Athwal had resigned, according to a regulatory filing. ( (

(Reporting by Narottam Medhora in Bengaluru; Editing by Sriraj Kalluvila)